Show US DEPOSIT SOLO Los Angeles Men Pay 35 and Will Erect Mill at Basalt Nev TONOPAH Nev Ney March 16 WillIam William Ferris who has been associated with the Mine Workers Mercantile company in Tonopah Tone Tono- pals pah for a long period and Vivian E. E Hughes well known in mining circles are In the money These two residents have concluded a deal whereby they turn ove over r eight placer locations containing great deposits de do posits of earth near Basalt Basal t In Esmeralda county for a consideration o of f The purchasers were Posey and Pollard of Los Angeles and two payments payment s have already been made The deal has been hanging fire for sever several al 3 months Following the making of the th e first payment an investigation of titles was wa s made by the purchasing firm and It wan wa s discovered that right of wa was ss s held by quartz location whereupon It be became became came necessary to make a a. new tiling filing under unde r the placer act The material Is not a min mineral oral eral deposit hence could not be held as it a quartz location such aa as would bo ho the casIn case cas casein ae e in fullers earth talc and kindred minerals The purchasers propose to Immediately y start work In the building of a large plant plan t in Basalt which I Is on the line of the nar narrow narrow row gauge gaue railroad leading from Mina Bins t to o Keeler Cal The deposits are situated within from froOt one and a quarter to three thre e miles of the railroad earth M is used for about 18 0 different purposes principal of which I Ithe Is s the lining of steam pipes and refrigerators refrigerator s and for insulation purposes The new naw own owners ers claim that they have orders for over a million dollars dollars' worth of the product In It its s various forms and expect to be employing g sg |